Yes, but their level is set by each Member State. Regulation (EU) 2024/1781 requires effective, proportionate and dissuasive penalties, without setting an amount or fine ceiling itself. Market surveillance authorities can require compliance or even order withdrawal of a batch or product whose compliance is not demonstrated, amounting to a sales halt in all 27 countries. A breach may also lead to exclusion from public procurement. There is also reputational risk, with NGOs having announced they will monitor implementation.
Read the source article: ESPR: obligations and timetable for the Ecodesign Regulation